Good news: A one-day fast track has reappeared; bad news: the market value has dropped nearly 80% from its peak.
Written by: Wenser, Odaily Planet Daily
In just three days, Aiccelerate dao, which claims to be a "DAO organization accelerating the integration of cryptocurrency and artificial intelligence," has completed a turnaround from being the center of attention to facing widespread criticism, highlighting the rapid pace of the crypto market and the sensitivity of market sentiment. As of the time of writing, the price of the AICC token is reported at $0.084, with a market value of $92.5 million, having dropped over 75% from its peak market value of over $400 million.
Meanwhile, the project, backed by what can be described as a "luxury team," has seen varied responses from its advisors, and the community's attitudes are also mixed. Odaily Planet Daily will summarize the events related to AICC in this article for readers' reference.
A "Token Launch Drama": AICC One-Day Fast Track
On January 10, a tweet from Aiccelerate dao reignited market expectations for the AI Agent token. However, unlike previous tokens that leaned more towards community routes, this project resembles a "VC-style gathering."
On January 9, the project announced that the DAO would focus on promoting decentralized, open-source AI development and support high-potential projects across different ecosystems. Additionally, Aiccelerate positions itself as a DAO that balances investment and development. Its main mission is to drive innovation in what it calls the "AI Agent" field. The DAO aims to establish a collaborative community composed of top developers from various frameworks, who will contribute to a range of agents and tools designed to advance the organization's goals. The developer advisory list includes ai16z founder Shaw, core contributor of Virtuals Protocol EtherMage, developer relations head of EigenLayer Nader Dabit, co-founder of Story Protocol Jason Zhao, and core contributor of Abstract Cygaar; investor advisors include Andrew Kang and Marc Weinstein from Mechanism Capital, Justin Lee from Coinbase Ventures, and Anil Lulla from Delphi Digital; researcher advisors include Baoskee, founder of daos.fun, and ai16z Skely; outreach advisors include David Hoffman, founder of Bankless DAO, and co-founder Ryan Sean Adams, along with well-known crypto KOL Threadguy.
Developer Advisory List
Investor Advisory List
Researcher and Outreach Advisory List
AICC Core Team List
Previously, the off-market price of the AICC token's fundraising whitelist had soared to over a thousand dollars, but there was still no market. Thanks to the core team's and advisors' reputations and past performances in the cryptocurrency industry, market expectations for the token rose significantly, with many believing it could yield at least a 20-fold return.
However, people underestimated the FOMO sentiment in the market regarding the recently hot AI sector tokens.
On January 11, around 10 AM, after the fundraising ended, AICC quietly launched on-chain, with its market value briefly surpassing $400 million; an hour later, its price had soared to $0.21, with the market value rising to $230 million, and it later broke through $370 million, becoming another "fast track in the AI sector." According to media reports, AICC raised a total of 943 SOL, valued at approximately $175,000, of which about $75,000 came from the project's "VIP"—the co-founders and advisory team; the remaining approximately $100,000 came from other insiders, each of whom had previously committed to investing up to 2 SOL.
As a result, AICC's price had achieved over a 1000-fold increase compared to the fundraising price; additionally, according to data provided by @0x_ultra, the top five profit addresses in AICC's internal market had collectively profited over $1.31 million, with these five addresses having only invested a total of 4.5 SOL, resulting in a profit margin of approximately 7907 times. Furthermore, according to the data panel, the number of individuals who have sold off their profits in AICC has reached as high as 62, accounting for 25.9% of the total 239 individuals.
AICC Token Sell-off Data Statistics Panel
The rapid sell-off by "insiders" quickly shifted the market's focus to the critical issue of token distribution structure.
The Crypto Landscape Behind AICC: VIP Sell-off, Advisor Responses, and Ecological Donations
As AICC's price skyrocketed, many took profits, and the involved parties provided varied responses, creating a vivid picture of the "crypto landscape."
VIP Sell-off: Human Nature Cannot Withstand the Test of Thousands of Times Returns
After the AICC token went live, Bankless Ventures quickly sold 10% of its token allocation. Following community criticism and backlash, the founders of Bankless, David Hoffman and co-founder Ryan Sean Adams, had to provide a direct response:
Initially, David Hoffman stated, "I agree that Bankless Ventures should not have sold the tokens—this was an impulsive mistake. We have repurchased all the sold tokens, restoring the total amount, and are discussing a self-imposed vesting schedule."
Subsequently, David Hoffman posted an image (narrated from the perspective of co-founder Ryan Adams) addressing the "AICC sell-off incident." Ryan stated that he and David Hoffman each personally invested 5 SOL in Aiccelerate, and Bankless Ventures also invested 2 SOL in the name of the fund, with GP Ben Lakoff responsible for this investment. Later, Bankless Ventures sold 8% of the fund's shares (which have now been repurchased). Ryan mentioned that he and David were unaware of the sale, and Ben himself was not familiar with Aiccelerate's situation; the sale was merely based on trading considerations. This was a huge mistake, and it was the first time such a situation occurred, which Ben also regretted. Ryan clarified once again that he and David never sold their personal shares.
"I didn't know they would do this. When I found out, I immediately expressed my disgust at this behavior," Aiccelerate dao co-founder Ejaaz Ahamadeen wrote on X regarding Bankless Ventures' sale.
Although the sell-off was later clarified, the trust in Bankless from the market and community plummeted.
Advisor Response: ai16z Founder Lashes Out at AICC for Vampire Attacks, Claims to Have Been Used Before Deleting Post
In the controversy surrounding AICC's token issuance, Shaw, the founder of ai16z, who has recently gained significant attention due to the AI Agent wave, is undoubtedly at the center of the storm.
Previously, Shaw stated that he donated half of the AICC token allocation to ai16z DAO and 20% to other contributors. "Seeing 5 SOL turn into $2 million is insane," but he acknowledged the criticisms and expressed, "I hope Daos.fun can implement some form of vesting or locking in the future, so it feels fairer to get started."
Later, perhaps due to the intense criticism from the ai16z DAO community and other crypto communities, Shaw published a lengthy rebuttal around 3 AM today, stating that as the largest DAO organization creator on daos.fun, he had not previously endorsed other projects on daos.fun, only supporting two projects—one he found interesting (this should refer to the Ai pool project METAV, which previously raised over 30,000 SOL), and the other created by community partners, AICC. His anger towards the AICC token release stemmed from the feeling that the entire project resembled a vampire attack, with his name and DAO brand being exploited. Nevertheless, he stated that AICC is still a fair game, adhering to the platform rules of daos.fun, but due to the whitelist distribution mechanism, most people did not benefit and thus faced attacks. He expressed that he is withdrawing from meme coins because this culture is toxic, backed by a group of individuals pretending to be avant-garde and anti-woke cancel culture babies. Finally, Shaw stated that from now on, he would only engage with AI personnel and true builders. This tweet has since been deleted.
It is evident that Shaw has been deeply hurt by this AICC token issuance incident: on one hand, his reputation has been damaged; on the other, he has suffered emotional trauma. This, of course, originates from his choice to support the AICC project.
Shaw Deleted Tweet Content
Ecological Donations: Story Co-founder and ARC Founders Choose to Reinvest in Their Projects
In contrast to the other "VIPs" who profited from the sell-off, Story co-founder Jason Zhao and the founders behind the Arc project have chosen to reinvest their earnings back into their ecosystems.
Jason Zhao announced that he would donate all of his AICC tokens (valued at approximately $1.78 million) to support the development of Story and other open-source AI projects on the blockchain. He plans to donate his first million dollars in the form of AICC tokens to high-quality teams building open-source projects that not only advance AI development but also support Story's vision of a universal AI IP system. The donations will be based on project milestones, with the process being completely transparent, and all tokens will be used for research purposes.
Tachi, the founder of Playgrounds, the team behind Arc (AI Rig Complex), also stated, "The team has today transferred 100% of the AICC token allocation directly to the Arc Treasury, ensuring that all tokens serve the long-term interests of the community. Additionally, the team plans to use 30% of the AICC tokens to create an AICC/ARC liquidity pair, which will generate fees that will return to the Arc Treasury. These fees will help fund ecosystem plans, incentivize developer contributions, and further enrich the Complex. The remaining 70% of the AICC tokens have been locked in a custody contract, with the Arc Treasury as the beneficiary, and will be released linearly next year."
Compared to other vested interests, the handling of these two cases is undoubtedly more astute and can be considered a win-win choice for multiple parties.
Official Response: Firm Commitment to AI Agent Development, Token Funds Security
In response to this series of dramatic events, Aiccelerate dao has also made its position clear.
Addressing Community Concerns, Proactively Solving Issues
Around 1 AM, Aiccelerate dao stated, "We have noted the community's concerns and controversies and hope to address these issues directly. Transparency and trust are at the core of our values, and we are fully committed to building lasting products rather than seeking quick wins. To reinforce this commitment: 1. The core team will implement a vesting structure for personal allocations and is in discussions with advisors to execute the same, ensuring alignment with the long-term success of the DAO; 2. We are actively working on developing the first AI agent (Research Agent) and creating a framework to support a broader vision, with more information to be shared in the coming weeks; 3. We want to reiterate that 100% of the DAO treasury funds will be used for DAO investments and the community. We will persist in the long term, so please stay tuned for further developments."
DAO Funds Have Been Transferred to a Secure Wallet, No Tokens Have Been Sold or Lost
In the afternoon, Aiccelerate dao reiterated that it has transferred the DAO funds to a secure wallet, and no tokens have been sold or lost. As part of preparing for a long development path ahead, actions will be taken to protect finances in a secure and compliant manner, reaffirming that no funds have been sold or lost and releasing the relevant wallet addresses.
Conclusion: The Emergence of VC-style Projects Signals the Second Half of the AI Agent Token Race
According to GMGN data, as of the time of writing, the price of AICC has fallen below $0.07 to $0.0677, with a 24-hour decline of approximately 45%; the market value has dropped to $74.5 million, nearly 80% down from the previous peak market value of $370 million.
Aside from being affected by the overall market downturn, the farcical development trajectory of AICC has also been a major reason for its poor price performance. However, considering the narrative development trajectory for this year, if AICC and Aiccelerate dao can successfully launch their AI Agent products and development frameworks in the future, they may still possess some potential for price rebound.
Regardless, the emergence of AICC, which relies on the daos.fun platform and gathers numerous crypto celebrities, KOLs, and industry figures, has already proven one thing: the space for wild community projects in the AI Agent token race is continuously shrinking. The second half of AI Agent and its token projects will require new narratives or growth points to attract market liquidity.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
